The Traderszone Network

Published in TZ Latest News 31 May, 2016 by The TZ Newswire Staff

Breakouts Weaken As Rally Fades In Afternoon

A morning rally brought forth a crop of new highs, but an afternoon fade forced some of them to finish the day in unimpressive fashion.

One such stock was Global Payments (GPN), which peeked above a 77.63 buy point from a flat base. It gained 0.58 to close at 77.69. Volume was well below average, which also dampened the breakout.

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